A 457 retirement plan is a great way to help you save for life beyond your prime working years. Opening a plan can help you build savings with the convenience of contributing directly from your salary on a pre-tax basis. You have the ability to start, stop, increase, or decrease contributions at any time.
Enrolling in a 457 savings plan can help bring financial stability and security for life upon retirement. You can lower your current taxes or earn tax-free income, bridge your retirement income gap, and get closer financial independence. Unlike 403(b) plans, early withdrawals from a 457 account are not subject to a 10 percent early withdrawal tax upon separating from the employer.
Enroll and create your 457 account now!
- Start at www.tcgservices.com/enroll.
- Search for Bryan ISD and choose the 457(b) Savings Plan.
- Follow the steps on screen to select your salary contribution and investment options. Don’t forget to designate an account beneficiary. Note: If you’re unsure about which investment option to select or how much you should save, schedule a meeting with a Retirement Plan Specialist at www.tcgservices.com/Dzucconi.
- Continue until you get a confirmation notice, and you’re done!
Contribution Limits
- 2024: $23,000
- 2025: $23,500
- Participants aged 50 and older at any time during the calendar year are permitted to contribute an additional $7,500.
All investing involves risk. Past performance is not a guarantee of future returns.
TCG Service
512-600-5200